The SGX Nifty May 2026 futures are presently down by 42.00 points, indicating a subdued start for the benchmark index today.

Institutional Flows:

On 13 May 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 4,703.15 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 5,869.05 crore in the Indian equity market. Foreign Institutional Investors have divested shares amounting to Rs 26,172.45 crore up to May 13, 2026. This follows their cash sales of Rs 70,135.46 crore in April, Rs 122,540.41 crore in March, and Rs 6,640.78 crore in February.

Global Markets:

Asian markets exhibited a mixed performance on Thursday as investors awaited a pivotal meeting between U.S. President Donald Trump and Chinese President Xi Jinping, seeking insights into the trajectory of U.S.-China relations and the broader implications for global trade. Trump arrived in Beijing on Wednesday for the highly scrutinized summit, joined by a delegation of U.S. executives, among them Tesla CEO Elon Musk and Nvidia chief Jensen Huang. Samsung shares experienced an increase of 5.46%, reaching a new record high. The technology behemoth experienced a temporary loss of $66 billion in market capitalization on Wednesday, triggered by a labor dispute that posed a significant risk of one of the largest strikes in the company’s history. The labor union has issued a warning of an impending 18-day strike commencing on May 21 should its demands remain unaddressed. Over 41,000 workers are anticipated to participate in the walkout, initially declared at a rally on April 23.

South Korea’s finance minister Koo Yun-cheol cautioned on Thursday that a possible strike by Samsung workers could significantly jeopardize the nation’s economic growth, exports, and financial markets. Overnight on Wall Street, the S&P 500 reached a new all-time high as traders’ enthusiasm for the technology sector eclipsed yet another inflation report that exceeded expectations. The broad market index experienced an increase of 0.58%, concluding at 7,444.25, while the tech-heavy Nasdaq saw a gain of 1.2%, finishing at 26,402.34. Both achieved new intraday and closing highs. The Dow Jones Industrial Average declined by 67.36 points, representing a decrease of 0.14%, to close at 49,693.20.

In April, wholesale prices in the US recorded their most significant annual rise in over three years, indicating a persistent inflationary trend as pipeline costs escalate. The producer price index experienced a seasonally adjusted increase of 1.4% for the month, significantly surpassing the upwardly revised March increase of 0.7%, as reported by the Bureau of Labor Statistics on Wednesday. This represented the most significant monthly increase since March 2022. On an annual basis, the index experienced a 6% increase, marking the most significant rise since December 2022.

Domestic Market:

Domestic equity indices On Wednesday, the Sensex and Nifty ended their four-session decline, buoyed by value purchasing in underperforming stocks. The market exhibited resilience, overcoming initial volatility and profit-taking to stage a significant recovery from intraday lows, culminating in the Nifty closing above the 23,400 threshold. Gains were primarily driven by shares in the metal, consumer durable, and energy sectors, whereas IT and automotive stocks faced continued pressure. Nonetheless, the prevailing sentiment remained cautious in light of heightened crude oil prices, ongoing outflows from foreign institutional investors, the depreciation of the rupee, and persistent concerns regarding global inflation.

The Indian rupee reached a new intraday record low of 95.80 against the US dollar. The S&P BSE Sensex increased by 49.74 points, reflecting a rise of 0.07%, reaching a level of 74,608.98. The Nifty 50 index experienced an increase of 33.05 points, reflecting a rise of 0.14%, bringing the total to 23,412.60. Over the last four consecutive trading sessions, the Sensex experienced a decline of 4.43%, whereas the Nifty 50 saw a decrease of 3.96%.